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goji.go goji.go
wrote...
Posts: 5977
9 years ago
A city issues $5 million of long-term general obligation bonds to construct a new fire house. How and where should that transaction be recorded?
      a.   as an other financing source in the debt service fund
      b.   as a liability in the capital projects fund
      c.   as a liability in the debt service fund
      d.   as an other financing source in the capital projects fund
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3 Replies
Diesel
Replies
Answer accepted by topic starter
f_zah1f_zah1
wrote...
Top Poster
Posts: 10774
9 years ago
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goji.go Author
wrote...
9 years ago
Thanks so much f_zah1.

You were correct Smiling Face with Open Mouth
Diesel
wrote...
9 years ago
You're very welcome!
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